Security inspection, production restriction, raw material price increase, does the steel market still have the opportunity to rise again?

Market analysis today’s overall rise and fall of Steel City. However, the varieties of cold rolling, corner steel, slot steel, and welded pipes are still rising steadily, and the average price has further increased slightly.
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The first is that coke initiated the first round of raising on weekends. The market expectations will not end in one round. At present, the cost support of coke enterprises will not rule out the possibility of continuing to rise. Although the coal margin of some production areas has been reduced by 100 yuan/ton today, the coal price has risen to a certain extent since the mining difficulty occurs. Some Mongolian coal also rose 170 yuan/ton.
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The second is that Tangshan and Handan Steel Factory restricted production. However, from the perspective of actual production restrictions, Tangshan is mainly sintering for 30%-50%, but most steel mills have sintering mine inventories, so the impact on production is limited. The same is true in Handan. Production but non -production restriction and discontinuation. In general, the impact of limiting production on steel prices mainly stayed on the early trading rising, and then the market continued to weaken, and the closing of the market returned to the weakness below 4200.
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In fact, the re -production of steel mills has continued to carry out. It is not a good restriction on production, so that there is no significant improvement in profits.

From the current point of view, the steel spot market has not returned to a strong track, which is manifested in two aspects. On the one hand, strong demand drivers have not arrived, and the market still has expectations for macro expectations and policies. On the other hand, the market for the market has been adjusted at the time of the market. The thread has not received the key points. It is necessary to continue to observe the movement of funds and emotions. At present, steel mills are still growing. The iron water output and crude steel output have not yet reached the top, but the market macro expectations and policies are expected.